Profit centre is a segment of the business by which both revenues are received and expenditure are caused are controlled.
A division of a company which produces and markets the products may be called as "profit Centre"
The Performance of a profit centre is evaluated in terms of the fact whether the centre has achieved its budgeted profits....
In other words.... It is a sub-unit of organization to which both revenues and costs are assigned, so that the responsibility of a sub-unit may be measured...........